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Europe (European) stories

Investment in data centres surges, ABS gaining traction
Artificial Intelligence

Investment in data centres surges, ABS gaining traction

Global investment in data centres hits USD $22 billion in five months, with asset-backed securitisations driving financial strategies, Linklaters reports.

By Sean Mitchell • 3 min read • Wed, 12th Jun 2024
UK leads Europe in digital FDI growth despite overall decline
Cloud Services

UK leads Europe in digital FDI growth despite overall decline

The UK has secured its position as Europe's top destination for digital FDI with 255 projects in 2023, according to EY's latest survey, outpacing the continent amidst a broader decline.

By Kaleah Salmon • 3 min read • Tue, 11th Jun 2024
Quantexa reports 40% growth in ARR, aims for GBP £80m in 2024
Unified Communications

Quantexa reports 40% growth in ARR, aims for GBP £80m in 2024

Quantexa reports a 40% surge in Decision Intelligence ARR, projecting GBP £80 million by 2024, driven by expanding markets and strategic partnerships.

By Catherine Knowles • 3 min read • Fri, 7th Jun 2024
Colt announces expansion strategy into six new Asian markets
Network Infrastructure

Colt announces expansion strategy into six new Asian markets

Colt Technology Services is set to invest EUR €100 million to expand into six Asian markets, aimed at boosting digital infrastructure and cloud adoption in the APAC region.

By Catherine Knowles • 3 min read • Thu, 6th Jun 2024
Ignition & Cranium team up to tackle EU AI Act compliance
Risk & Compliance

Ignition & Cranium team up to tackle EU AI Act compliance

Ignition Technology and Cranium partner to navigate EU AI Act compliance, combining cybersecurity and AI expertise to aid European enterprises in ethical AI deployment.

By Shannon Williams • 3 min read • Wed, 5th Jun 2024
Software Combined secures second New Zealand tech company
Unified Communications

Software Combined secures second New Zealand tech company

Australia's Software Combined has now expanded its portfolio by acquiring Dbvisit, based in New Zealand's Auckland.

By Melania Watson • 3 min read • Wed, 5th Jun 2024
STACK secures whopping $1.3bn for global expansion
Power / Energy

STACK secures whopping $1.3bn for global expansion

STACK Infrastructure secures USD $1.3 billion for global data centre expansion, emphasising green construction in key regions like Melbourne and Manassas.

By Melania Watson • 3 min read • Wed, 5th Jun 2024
Arrow Electronics & Broadcom expand VMware distribution in Europe
IT Automation

Arrow Electronics & Broadcom expand VMware distribution in Europe

Arrow Electronics and Broadcom are partnering to distribute VMware solutions across 20 European countries, including new regions like the Czech Republic and Iceland.

By Kaleah Salmon • 3 min read • Wed, 5th Jun 2024
EMEA overtakes North America as top DDoS target, says Akamai
Advanced Persistent Threat Protection

EMEA overtakes North America as top DDoS target, says Akamai

For the first time in five years, EMEA has overtaken North America as the prime target for DDoS attacks, with the UK suffering 26% of the assaults.

By Sean Mitchell • 3 min read • Tue, 4th Jun 2024
Edenred Payment Solutions appoints Rehana Mitha as MD
Customer Experience

Edenred Payment Solutions appoints Rehana Mitha as MD

Edenred Payment Solutions has named Rehana Mitha, an expert in cloud-based payment solutions as it snew Managing Director.

By Shannon Williams • 3 min read • Fri, 31st May 2024
Applexus Technologies acquires Absoft to enhance SAP services
Human Capital Management

Applexus Technologies acquires Absoft to enhance SAP services

Applexus Technologies has acquired UK-based Absoft Limited, aiming to transform the SAP landscape by combining strengths.

By Shannon Williams • 3 min read • Fri, 31st May 2024
AI-driven identity fraud on the rise, says Signicat report
B2B

AI-driven identity fraud on the rise, says Signicat report

A new report by Signicat and Consult Hyperion reveals the growing threat of AI-driven identity fraud across Europe, urging financial institutions to boost their defences.

By Catherine Knowles • 3 min read • Thu, 30th May 2024

Stories from Other Regions

Europe (European) stories

Bank of China & Cogo launch new carbon tracking app
Unified Communications

Bank of China & Cogo launch new carbon tracking app

Bank of China (Hong Kong) has launched a feature allowing customers to track carbon emissions via spending, thanks to a new partnership with fintech firm Cogo.

By Shannon Williams • 3 min read • Thu, 13th Jun 2024
Singapore MSPs moving towards AI but face knowledge gaps
Unified Communications

Singapore MSPs moving towards AI but face knowledge gaps

A Barracuda Networks report reveals significant shifts in Singapore's MSP sector, with rising AI use and cloud marketplaces amid concerns over AI competence.

By Shannon Williams • 3 min read • Wed, 12th Jun 2024
Transact Payments rebrands as TransactPay to mark new chapter
Clean technologies

Transact Payments rebrands as TransactPay to mark new chapter

Transact Payments rebrands as TransactPay after a year-long transformation, aiming to strengthen its position as a premier BIN sponsor in the UK and Europe.

By Kaleah Salmon • 3 min read • Tue, 11th Jun 2024
OpenPayd's annual recurring revenue tops GBP £40 million
Digital Transformation

OpenPayd's annual recurring revenue tops GBP £40 million

OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.

By Melania Watson • 2 min read • Fri, 7th Jun 2024
Current state of business travel revealed in HotelHub Index
Travel technologies

Current state of business travel revealed in HotelHub Index

HotelHub's Q1 2024 Index reveals a 19% drop in international business travel and an 8% rise in hotel costs globally.

By Melania Watson • 3 min read • Thu, 6th Jun 2024
97% of UK FTSE 100 firms hit by third-party cyber breaches
Advanced Persistent Threat Protection

97% of UK FTSE 100 firms hit by third-party cyber breaches

A SecurityScorecard report reveals 97% of the UK's FTSE 100 firms faced third-party breaches last year, stressing urgent supply chain cybersecurity enhancements.

By Shannon Williams • 3 min read • Mon, 3rd Jun 2024